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Institutional Investment Manager
Carroll Financial Associates, Inc.
Carroll Financial Associates, Inc. (CIK: 0001567784) incorporated in North Carolina, located at 4521 Sharon Road, Charlotte, NC. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q4)
Portfolio Summary: 1,191 holdings with a total value of $480,362,000.
#
Name
Shares
Value ($)
%
Options
Notes
201 NEWELL BRANDS 5,000 220,000 0.05%
202 Powershares Exch Traded Fd Tst Ii S&p 40 6,444 219,000 0.05%
203 YUM BRANDS INC 2,955 215,000 0.04%
204 AMAZON COM INC 311 210,000 0.04%
205 JOHNSON CTLS INTL PLC 5,273 208,000 0.04%
206 TEVA PHARMACEUTICAL INDS LTD 3,125 205,000 0.04%
207 NEXTERA ENERGY INC 1,975 205,000 0.04%
208 TJX COS INC NEW 2,859 202,000 0.04%
209 FORD MTR CO DEL 14,018 197,000 0.04%
210 EOG RES INC 2,764 195,000 0.04%
211 US BANCORP DEL 4,545 193,000 0.04%
212 UNITEDHEALTH GROUP INC 1,631 191,000 0.04%
213 REGIONS FINANCIAL CORP NEW 19,816 190,000 0.04%
214 ABBVIE INC 3,214 190,000 0.04%
215 VANGUARD INDEX FDS 1,905 189,000 0.04%
216 CLAYMORE EXCHANGE TRD FD TR 7,340 189,000 0.04%
217 HENRY SCHEIN INC 1,186 187,000 0.04%
218 ETFS GOLD TR 1,750 181,000 0.04%
219 SPROTT PHYSICAL GOLD TRUST UNIT 20,500 178,000 0.04%
220 MCKESSON CORP 903 178,000 0.04%
221 SPDR INDEX SHS FDS 5,100 175,000 0.04%
222 ISHARES TR 1,644 175,000 0.04%
223 NORFOLK SOUTHN CORP 2,063 174,000 0.04%
224 ADOBE INC 1,839 172,000 0.04%
225 GENUINE PARTS CO 1,940 166,000 0.03%
226 BLACKSTONE GROUP L P 5,656 165,000 0.03%
227 HANESBRANDS INC 5,620 165,000 0.03%
228 ETFS SILVER 12,000 162,000 0.03%
229 TARGET CORP 2,211 160,000 0.03%
230 COLUMBIA PROPERTY TRUST INC COM NEW 6,823 160,000 0.03%
231 PRUDENTIAL FINL INC 1,935 157,000 0.03%
232 DIAGEO P L C 1,413 154,000 0.03%
233 VANGUARD WORLD FD 1,860 154,000 0.03%
234 APOLLO SR FLOATING RATE FD INC COM 10,000 151,000 0.03%
235 SCHWAB CHARLES CORP 4,600 151,000 0.03%
236 ALPS ETF TR 8,629 150,000 0.03%
237 EMC 5,864 150,000 0.03%
238 SELECT SECTOR SPDR TR 2,036 146,000 0.03%
239 BIOGEN INC 472 144,000 0.03%
240 GENERAL DYNAMICS CORP 1,053 144,000 0.03%
241 ISHARES TR 890 143,000 0.03%
242 LABORATORY CORP AMER HLDGS 1,150 142,000 0.03%
243 ITC HOLDINGS ORD 3,600 141,000 0.03%
244 SELECT SECTOR SPDR TR 5,922 141,000 0.03%
245 ROSS STORES INC 2,581 138,000 0.03%
246 Wisdomtree Earnings 2,000 138,000 0.03%
247 Ashland Inc New 1,333 136,000 0.03%
248 UBS AG JERSEY BRH 5,193 135,000 0.03%
249 CERNER CORP 2,250 135,000 0.03%
250 ISHARES TR 1,281 133,000 0.03%
Page 5 of 24

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000909012-16-000356, filed 2016.01.12).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.